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principal/cupon segregado

English translation: principal issue/stripped coupon

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:principal/cupon segregado
English translation:principal issue/stripped coupon
Entered by: Parrot
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19:56 Jan 30, 2002
Spanish to English translations [PRO]
Bus/Financial - Investment / Securities / Stock Market
Spanish term or phrase: principal/cupon segregado
Context: para los principales segregados, el limite del 10% se referirá al saldo nominal (tanto segregado como sin segregar) del que procedan los prinipales segregados.

This is in a text in IICs, Collective INvestment Institutions. I think this refers to "stripped" coupons and principals, as I have found references to coupon-stripping, and the stripping out of bond coupons, but would really appreciate your expert advice.
Linebyline
United Kingdom
Local time: 15:12
principal issues is the expression that most often
Explanation:
appears with "stripped coupon".
The first link below is an English explanation of the concept, the second is the Banco de España's definition.
Selected response from:

Parrot
Spain
Local time: 16:12
Grading comment
Thanks,
Jo
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1principal issues is the expression that most often
Parrot


  

Answers


24 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
principal issues is the expression that most often


Explanation:
appears with "stripped coupon".
The first link below is an English explanation of the concept, the second is the Banco de España's definition.



    Reference: http://www.ftb.ca.gov/manuals/audit/bank/BF0494.htm
    Reference: http://hidra.ceca.es/2000/normafin/normafin.nsf/2e1295f28ac8...
Parrot
Spain
Local time: 16:12
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks,
Jo

Peer comments on this answer (and responses from the answerer)
agree  Virginia Alimonda
3 hrs
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